Globalization
That stock markets around the world can drop like this because of fears that one country might enter a recession surprises me. Admittedly, I don’t have experience on the financial side of things. However, there are hundreds of countries in this world. One would think that the world economy has some sort of redundancy built into it. Everything I see seems way too oversimplified, probably because it’s fed to me through the press. I wonder what kind of effect that simplification has on people who trade stocks.
